Usually means: Average outcome of repeated measurements.
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We found 7 dictionaries that define the word expectation value:

General (1 matching dictionary)
  1. Expectation value (quantum mechanics), Expectation value: Wikipedia, the Free Encyclopedia

Business (2 matching dictionaries)
  1. Expectation value, Expectation value: Financial dictionary

Computing (1 matching dictionary)
  1. expectation value: Encyclopedia

Science (3 matching dictionaries)
  1. Expectation Value: Eric Weisstein's World of Mathematics
  2. Expectation Value: Eric Weisstein's World of Physics
  3. expectation value: PlanetMath Encyclopedia

Definitions from Wikipedia (Expectation value)

noun:  In quantum mechanics, the expectation value is the probabilistic expected value of the result (measurement) of an experiment.

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